As long 4230 holds or reclaimed, 4380 / 4395 in play Approaching key resistance around 4315-4328 (Swing high from Aug) Read more details on the chart.
After losing trend line support last week, quickly melted down to 20K. 19900 is high of 2018. Bouncing from this level is hopeful sign. At least for short term. For long term reversal to confirm, would like to see two weekly closes above 31750 for BTC. For short term, close above 22,300 could take it to 26K. If it fails to hold 20800 level, will likely test 18k.
If BTC close this week below purple trend line (@29,500) likely targets 25k, 22k and even 18k. If it close above purple trend line and next week closes above this trend line in green, upside targets 33k, blue trend line. Close above 33k, next upside target 40k Let's see how it close this week in couple of hours.
Bulls lost control last time when 3450 failed to hold. Now, must reclaim and stay above 3450 to continue to 3950, ATH and then 5k. Must hold 3370 or 3275 to keep this momentum going. At last hold 3055 avoid reversal
Must hold 46.2k. Needs to reclaim 48.8k and stay above to see upside move continue. If close below 46.8k, would negate bullish move from Aug 20th, then could test support at 44.7k Other support / resistance levels as marked.
TSLA next resistance (targets) 750 and 770. Must hold 728 or at last 720 to keep momentum going. Close below 712, upside move stalled. Other support / resistance levels as marked.
ASTS moving nicely since last few days. On it's way to 14. Must hold 11.30 or at last 11 to keep this momentum going. Once it reclaims 14 and stays above, 15.75 next target. If 11 fails to hold, could retest 9.60 Other support / resistance levels as marked.
Next target 0.375 as long 0.29 or at last 0.2745 holds.. This is the price action read log started from June 25th..What do you think?
Here's the chart with comments about how I read price action of Bitcoin since this last tweet couple of days back.
Here's the same dogecoin chart with new candles printed and annotation from July 21st in blue. Do you think it worked? Where do you think it's going next?
Nice move today. Once it closes above 670, retest of 690 possible. Since June, many attempts made to close above 690. If it does close above, can test 720, 745 or even 775 level. To see continued upside momentum, must hold 645, at last 640. Will earnings help?
Crude oil pulled back sharply from 75.30 resistance level. Now bouncing from trend line drawn from March to May lows. Until it reclaims 69.75 and stays above, downward pressure continues. If 65.30 fails to hold, next support at 64 and at last 61.50. Close below 61.50 more downside possible. Other levels as marked.
S&P E-mini futures pointing down. There could be bounce from 4305 level and then if there's rejection at 4345 or lower levels, can test support levels at 4290, 4280 and then finally 4264. 4230 is the last level for bulls to defend. If it reclaims 4348 and stays above, first green flag. Goes above, stays above 4370 confirmation. Until then bias on downside. Until...
Although close above top of the box and just above trend line suggest bulls are back, Gold needs to close above 1826 to get confirmation and see sustained move on upside. It can start by closing above 1814 first. Support & resistance levels as marked.
Just like other index futures, S&P E-mini has been overextended on monthly chart for sometime. Key resistance level as marked on the chart is approaching. Don't know if it's top. Any resistance can become support. So observe price action and manage risk. Potential retracement/pullback/correction from current high and how much #ES_F will be back in price and...
TSLA needs to close above 690 to see upside move. Close below 665 first red flag. Close below 657 more downside. Other support and resistance support levels as marked
May be or maybe nothing. Would like to see close above 156.50 with good follow through day. Support and resistance levels as marked.
Next upside resistance (target) is 52.20, after that 54.30. If it can stay above 47.30, it will continue upward move. If not, may find support at 44.30. Close below 44 upward move stalled.